In times of heightened economic uncertainty, more and more investors are looking for solutions that will not only secure their capital but also allow it to genuinely multiply. One of the most frequently analyzed options is the purchase of a holiday apartment in an attractive location – especially in mountain resorts like Szczyrk. Is this truly a better choice than bonds, funds, the stock market, or a simple bank deposit? Below, we compare these forms of investment based on real rates of return and risk profiles.
Holiday Property – Stable Value and Rental Income
Investments in holiday apartments are gaining popularity for good reason. It is one of the few segments of the real estate market where – despite periodic corrections – prices are still rising year over year. This is especially true for premium locations, such as mountain resorts with developed ski infrastructure and year-round tourist facilities.
The average value appreciation of apartments in renowned tourist destinations can be 6–10% annually. Additionally, the owner receives a second income stream – short-term rental income. In well-managed properties operating under the aparthotel system, revenues of 5–9% per year are not uncommon. This result exceeds the dividend yield of most listed companies, as well as the after-tax profit from bonds.
Crucially, the demand for premium accommodation in mountain resorts is constantly growing. In Szczyrk – one of the most dynamically developing resorts in Poland – high occupancy rates are maintained both in winter and summer. This means that the investor receives not only a stable return but also a natural protection of capital against inflation.
Bank Deposit and Savings Account – Safety, but Minimal Real Profit
Traditional banking products are still chosen by many investors as a way to protect capital. Their biggest advantage is the lack of risk of losing funds. The problem is that with interest rates at 2–3% annually (before tax), the real rate of return often remains negative.
If inflation hovers around 5–7%, a deposit not only fails to multiply capital but actually causes a real decrease in its value. For an investor who expects a stable, yet meaningful return, deposits become unattractive.
Treasury Bonds – Safer, but Still with Limited Potential
Bonds – especially inflation-indexed ones – are a sensible alternative to deposits. The average rate of return can reach about 5% annually, but after deducting tax, the real profit remains low.
Unlike real estate, bonds do not offer the possibility of additional use of the investment – you cannot “vacation” in a bond or use it for private purposes. There is also a lack of growth potential, which naturally occurs in the case of real estate in top locations.
Stock Market and Funds – Profit Potential, but High Volatility
For investors willing to take on higher risk, the stock market seems like a natural direction. Yes – in favorable periods, indices can grow 10–20% annually. The problem is that they can just as easily record a double-digit decline.
In a capricious market – such as the last few years – stock market investments require experience, psychological resilience, and time for analysis. Most individual investors, especially those who expect stability, simply do not feel comfortable with large valuation fluctuations.
Investment funds also carry risks resulting from market conditions. And while they can offer attractive returns, they are much less predictable compared to real estate.
Cryptocurrencies – High Potential, Extreme Risk
The cryptocurrency market is an example of an investment that can bring spectacular profit – or an equally spectacular loss. Volatility, lack of regulation, and the influence of investor emotions make cryptocurrencies an extreme option for people looking for a stable and safe place for their capital.
Holiday Apartment – An Investment That Offers More Than Just Numbers
In addition to financial profits, purchasing a mountain apartment brings added value – the possibility of using it privately. This is an element that cannot be quantified but genuinely affects investor satisfaction. A private place to relax in a top resort is a benefit that neither a bond nor a stock portfolio can provide.
In the case of investments like Sky Resort Szczyrk, there is one more crucial aspect: premium location. The position in the center of the resort, access to modern ski infrastructure, a high standard of finishing, and full rental service make it not only a secure but also a convenient investment.
Summary – What to Choose?
A holiday property in the mountains, especially in dynamically growing locations such as Szczyrk, combines stability with high profit potential. It provides capital protection, real value appreciation, and rental income, along with private benefits.
For an investor who has capital available and expects more than symbolic interest – a holiday apartment may be the best answer in times of uncertain markets.
